interview Every crisis is a lesson. The lesson here is that you should not loosen monetary policy too much. The question is how to do it without harming the actual economy – says Professor Elżbieta Mączyńska…

It is particularly hard to feel optimistic about the season ahead of us. All indicators say it is going to be difficult, and that it will severely affect people’s lives and businesses alike. What are…

The United States fears inflation and is fighting it, having previously invoked it and downplayed it. Europe has contracted a milder variant and intends to live with it. But we must consider the…

The euro is a child of Germany’s unification and of the need to solidly anchor Germany to the European Community. The crisis triggered by the pandemic and the abundant geopolitical tensions today can…

interview The point when Russia has maximum energy leverage against Europe is early winter, when during the coldest snap Vladimir Putin decides to turn off the gas. I think the people really realize how ugly…

In his monumental book, Daniel Yergin promises to draw new maps of energy, geopolitics, climate, and chart a roadmap to a green transformation. But in fact, his New Map: How Energy is Changing…

Given the horrors of Russia’s invasion of Ukraine, the public’s support for sanctions has been strong. But, before tightening sanctions further or imposing them indefinitely, Western…

We still have a lot to learn from Keynes’ ideas, even under today’s new conditions. Indeed, we may be confronted with the following paradox: economies enjoying a strong recovery will be paying higher…

There are essentially two approaches to climate change: techno-optimism and the end of consumerism. The major difference is between the long term and the short term and between different areas of the…

The shale revolution – an unexpected phenomenon with far-reaching consequences – has been thrown into disarray by the global pandemic—an even more shocking phenomenon. But despite the serious setback…